Community String Project Inc
- Assets
- $156.9k
- Revenue
- $191.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Bristol, RI
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 27-0676956
Organization Overview
Community String Project Inc is located in Bristol, RI. The organization was established in 2010. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Community String Project Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community String Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Community String Project Inc generated $191.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $157.1k during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE STRING INSTUMENT LESSONS TO STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS AFTER-SCHOOL LESSONS TO ELEMENTARY STUDENTS (GRADES 3-5), A YOUTH ORCHESTRA PROGRAM FOR MIDDLE SCHOOL STUDENTS (GRADES 6-8), CHAMBER MUSIC ENSEMBLES FOR HIGH SCHOOL STUDENTS (GRADES 9-12) AND EVENING BEGINNER AND ENSEMBLE LESSONS FOR ADULTS. CURRENTLY, 35% OF STUDENTS RECEIVE LESSONS FREE OF CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Bodner President | OfficerTrustee | 4 | $0 |
Fran O'donnell Vice Preside | OfficerTrustee | 4 | $0 |
Christine Manchester Secretary | OfficerTrustee | 4 | $0 |
Jorge Gardos Director | Trustee | 1 | $0 |
Lavina Gadsden Director | Trustee | 1 | $0 |
Joanne Camara Treasurer | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,715 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,715 |
| Total Program Service Revenue | $53,242 |
| Investment income | $278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $44,840 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,486 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,007 |
| Advertising and promotion | $181 |
| Office expenses | $2,454 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,881 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,956 |
| All other expenses | $925 |
| Total functional expenses | $157,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,366 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $156,903 |
| Accounts payable and accrued expenses | $2,159 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,120 |
| Total liabilities | $13,279 |
| Net assets without donor restrictions | $143,624 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $156,903 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Community String Project Inc has recieved totaling $40,759.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: GENERAL SUPPORT | $30,000 |
Billy Andrade-Brad Faxon Charities For Children Inc Providence, RI PURPOSE: CHILDREN CHARITY FUNDING FOR HEALTH, EDUCATION & WELFARE | $6,000 |
Mabel T Wooley Tr 66353105 Dallas, TX PURPOSE: SUPPORT MUSIC EDUCATION | $2,500 |
Mary Dexter Chafee Fund Little Compton, RI PURPOSE: OPERATIONS | $2,000 |
D Addario Foundation Inc Farmingdale, NY PURPOSE: TO SUPPORT GROWTH AND APPRECIATION OF MUSIC | $148 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
Record Company Inc Boston, MA | $3,786,300 | $2,710,315 |
Boston Early Music Festival Inc Cambridge, MA | $855,295 | $1,852,556 |
Boston Shipping Association Central Records Bureau Inc Charlestown, MA | $498,430 | $1,530,851 |
Boston Baroque Inc Boston, MA | $283,226 | $1,317,456 |
A Far Cry Inc Jamaica Plain, MA | $678,903 | $804,283 |
Concord Conservatory Of Music Concord, MA | $1,158,065 | $1,110,682 |
Music Haven Inc New Haven, CT | $1,031,354 | $915,152 |
Kids Empowered By Your Support Inc New Canaan, CT | $636,244 | $792,188 |